Multifamily Housing
2723 West Lexington Street Chicago, IL 60612
Details & Description
Price: $4,400,000
    HighlightsNewer Construction - Built in 200524 Total Units - 8 Buildings With 3 Units EachEasy ManagementFew minutes from downtown ChicagoEasy access to I-290 & I-90/94DescriptionThis is a portfolio consisting of eight (8) 3 unit buildings. Each building includes a 3 car garage. Build in 2005, the buildings consist of 3bed and 2bath units. Improvements consist of forced air in each unit, granite counter tops, hardwood floors, individual washer and dryer, separate electrical panels, steel staircases and much more!LocationLots of new construction around the area. Very close proximity to Rush Hospital, United Center, UIC & the recently built MB Ice Arena. 7 minute drive to downtown Chicago. Next to I-290 and five minutes from I-90/94.
    Listing Agents
    Melsi Bifsha

    O: 773-355-4799
    M: 773-968-8891
    mel@1stwesternproperties.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    2723 West Lexington Street

    Chicago, IL 60612

    Listing ID: 203465
    2723 West Lexington Street Chicago, IL 60612 | for Sale | Photo 1
    Building Size: 25,000 SF
    Lot Size: 1.000 AC
    Land Size: 43,560 SF
    Building $/SF: $176.00
    Land $/SF: $101.01
    Price
    $4,400,000
    Description

    Highlights

    Newer Construction - Built in 2005

    24 Total Units - 8 Buildings With 3 Units Each

    Easy Management

    Few minutes from downtown Chicago

    Easy access to I-290 & I-90/94

    Description

    This is a portfolio consisting of eight (8) 3 unit buildings. Each building includes a 3 car garage. Build in 2005, the buildings consist of 3bed and 2bath units. Improvements consist of forced air in each unit, granite counter tops, hardwood floors, individual washer and dryer, separate electrical panels, steel staircases and much more!

    Location

    Lots of new construction around the area. Very close proximity to Rush Hospital, United Center, UIC & the recently built MB Ice Arena. 7 minute drive to downtown Chicago. Next to I-290 and five minutes from I-90/94.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Chicago History of Multifamily Housing for Sale

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    Chicago Area Market Trends

    Listing Demographics for 2723 West Lexington Street Chicago, IL 60612

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population30,741389,5791,187,933
    Population Median Age343435
    Population by Age0-9 Yrs4485 (14%)48897 (12%)137141 (11%)
    10-19 Yrs4616 (15%)45203 (11%)129839 (10%)
    20-29 Yrs5690 (18%)83188 (21%)247446 (20%)
    30-39 Yrs4658 (15%)76896 (19%)226716 (19%)
    40-49 Yrs3557 (11%)47754 (12%)146051 (12%)
    50-59 Yrs3444 (11%)37582 (9%)121483 (10%)
    60-69 Yrs2397 (7%)28281 (7%)100965 (8%)
    70+ Yrs1893 (6%)21777 (5%)78291 (6%)
    Median HH Income$32,888$55,330$68,922
    Total Household Income< 24K4575 (42%)38395 (26%)103283 (21%)
    25-49K2146 (20%)28032 (19%)82071 (17%)
    50-74K1382 (12%)20339 (14%)66000 (13%)
    75-99K915 (8%)13999 (9%)51302 (10%)
    100-199K1427 (13%)28484 (20%)107111 (22%)
    200K+247 (2%)13115 (9%)63195 (13%)
    Highest Education LevelNo Diploma319354776136021
    Diploma or GED520755831163562
    Some College422139610111167
    Assoc. Degree14991212836265
    Bachelors Degree287161415213123
    Higher Degree184538417163937
    Total Housing Units12,980163,961538,418
    --Owner-Occupied2,72650,244193,379
    --Renter-Occupied7,96692,119279,583
    Owner-Occupied Values< 100K321436411591
    100-199K8411103636520
    200-299K9141068739911
    300-399K318786429616
    400-499K166588522123
    500K+1661040953617
    Total Working Age Population23,313313,991975,176
    In Work Force13,327207,165672,768
    Not In Work Force9,987106,827302,407
    Workforce Employed11,558191,316631,498
    Workforce Unemployed1,76815,77040,900
    Civlian Workforce13,327207,086672,398
    Military Workforce079370
    Total Households10,691142,364472,962
    Family Households5,96776,258240,583
    Non-Family Households4,72466,106232,380
    Married Couple1,92641,370154,728
    Other Family4,04134,88885,855
    Married w/Child69617,00661,353
    Single Male w/Child2372,8518,776
    Single Female w/Child2,08414,19831,635

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 2723 West Lexington Street in Chicago?
    The asking price for 2723 West Lexington Street is $4,400,000
    What is the building size of this Multifamily property in Chicago, IL?
    The size of the building/unit at 2723 West Lexington Street in Chicago is 25,000 square feet
    How much land does the Chicago, IL property at 2723 West Lexington Street include?
    2723 West Lexington Street in Chicago includes 1.000 acres of land
    What is the population within 1 mile of 2723 West Lexington Street in Chicago?
    The population within 1 mile of 2723 West Lexington Street Chicago, IL 60612 is 30,741 people.
    Who do I contact for questions about 2723 West Lexington Street?
    You should contact the listing agent, Melsi Bifsha, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago Midway International Airport (MDW) 7
    Chicago O'Hare International Airport (ORD) 13
    South Bend Regional Airport (SBN) 72
    Price
    $4,400,000
    Listing Agent
    More listings from Melsi Bifsha
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